Andra AP fonden Has $61.25 Million Stake in Williams-Sonoma, Inc. (NYSE:WSM)

Andra AP fonden grew its position in Williams-Sonoma, Inc. (NYSE:WSM) by 12.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 330,741 shares of the specialty retailer’s stock after buying an additional 36,341 shares during the period. Williams-Sonoma comprises about 1.0% of Andra AP fonden’s portfolio, making the stock its 9th biggest holding. Andra AP fonden’s holdings in Williams-Sonoma were worth $61,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of WSM. Resonant Capital Advisors LLC boosted its holdings in shares of Williams-Sonoma by 1.6% during the 4th quarter. Resonant Capital Advisors LLC now owns 3,474 shares of the specialty retailer’s stock worth $643,000 after buying an additional 56 shares during the period. Westmount Partners LLC raised its stake in Williams-Sonoma by 1.0% in the 4th quarter. Westmount Partners LLC now owns 6,242 shares of the specialty retailer’s stock worth $1,156,000 after purchasing an additional 59 shares in the last quarter. Bailard Inc. raised its stake in Williams-Sonoma by 1.6% in the 4th quarter. Bailard Inc. now owns 4,091 shares of the specialty retailer’s stock worth $758,000 after purchasing an additional 66 shares in the last quarter. Smithfield Trust Co raised its stake in Williams-Sonoma by 100.0% in the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 80 shares in the last quarter. Finally, Cassady Schiller Wealth Management LLC raised its stake in Williams-Sonoma by 100.0% in the 3rd quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 83 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

Insider Activity at Williams-Sonoma

In other news, CEO Laura Alber sold 45,000 shares of Williams-Sonoma stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total value of $9,349,200.00. Following the sale, the chief executive officer now directly owns 944,666 shares in the company, valued at approximately $196,263,808.16. This trade represents a 4.55 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jeffrey Howie sold 1,408 shares of Williams-Sonoma stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $194.32, for a total value of $273,602.56. Following the sale, the chief financial officer now owns 46,388 shares in the company, valued at $9,014,116.16. This represents a 2.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.

Williams-Sonoma Stock Down 2.8 %

Shares of NYSE:WSM opened at $182.43 on Friday. The firm has a market capitalization of $22.46 billion, a PE ratio of 21.58, a P/E/G ratio of 2.89 and a beta of 1.79. Williams-Sonoma, Inc. has a twelve month low of $117.13 and a twelve month high of $219.98. The company has a 50-day moving average price of $201.27 and a two-hundred day moving average price of $169.25.

Williams-Sonoma Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 17th were paid a $0.57 dividend. The ex-dividend date of this dividend was Friday, January 17th. This represents a $2.28 dividend on an annualized basis and a yield of 1.25%. Williams-Sonoma’s dividend payout ratio is presently 26.98%.

Wall Street Analyst Weigh In

Several analysts have weighed in on WSM shares. Morgan Stanley lifted their price objective on shares of Williams-Sonoma from $170.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 21st. TD Cowen boosted their target price on shares of Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Wells Fargo & Company boosted their target price on shares of Williams-Sonoma from $165.00 to $185.00 and gave the company an “equal weight” rating in a research report on Monday, January 6th. Barclays boosted their target price on shares of Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Finally, Telsey Advisory Group boosted their target price on shares of Williams-Sonoma from $165.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Williams-Sonoma presently has an average rating of “Hold” and an average price target of $173.28.

Williams-Sonoma Profile

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.